Every year, more pets are seeing their kibble replaced with premium pet food, which includes freeze-dried and fresh options. In the past ten years, the premium pet food market has grown at twice the rate of the regular pet food market. And nearly 50% of dog owners have decided to spend on premium food options for their pooch. One company providing gourmet pet options is FreshPet ( (FRPT) ).
TheStreet Editor Ross Urken was our guinea pig for the taste test. He tried both Freshpet's turkey along with turkey cold cuts from a deli. Which do you think he preferred?
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Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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